Sunday, October 19, 2008
Look for market meltdown from derivatives in next two weeks
Traders return to work Monday with a bit of history lingering over the session. Sunday marked the anniversary of the 1987 stock market crash known as "Black Monday." The Dow plunged 22.6 percent that day to mark the largest one-session percentage decline ever.
If the current market trends continue, the only forecast I am sure of is as folows:
Playmate of the year will be a nubile lass being impaled by a train.
The Psyche of the American Consumer
The Consumer Weakens
The Paradox of Thrift
An Economic Blue Screen Of Death
Those Wild And Crazy Analysts
London, Stockholm, Malta, and Becoming a Grandfather
By John Mauldin
http://www.frontlinethoughts.com/pdf/mwo101708.pdf
http://www.investigatethesec.com/drupal-5.5/files/Banking%20Committee%20%202%2013%2008%201_0.pdf
This chilling memo of Feb '08 reveals that senator Dodd knew the financial meltdown was coming. Why did the SEC stop previous investigations?
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